Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 494. (Read 1150746 times)

Hardly familiar with OSX at all, to be honest.
Which is why I should hold my tongue until the brainy ones of the operation are about

That is help none-the-less and appreciated

I wasn't clear. The PR is for just a clams-rebranded OS X .icns resource file to replace the existing Blackcoin one for when you compile the app.

Cheers,

Graham

Awesomeness!!

I'm sure you can understand how important security is when it comes to compiled binary files, especially a crypto like CLAMS.
As soon as our primary tech guy comes around, we will have to have a chat.

Thanks for being pro-active tho!! 

Got one working here on OS X 10.6.

I was able to run ./Clam.app --salvagewallet successfully in a terminal window. All working fine so far, staking successfully.

Will send you a PR for the .icn file to replace BC graphic with CLAM.

Cheers,

Graham

Thanks so much

Will put a rush on it for you

I hope so, really love the idea behind your coin, want to take part.

That entirely depends.

Any BTC, LTC, or DOGE address that you control, that had a balance when the chain was scraped, should have been given a ~4.6 CLAM share.

So, anywhere from 0 to ~30 CLAMS would likely be average?

^^^ Just a guess, as there is no way to tell which addresses belong to which wallets.

It is interesting ,
But how many coins can i get once?

 

I think people will look back on these posts in some months and wonder how the hell they missed it.  Maybe not.  But with all the billion coin supply cryptos, it is rare to see one that makes economic and adoption sense.

More Users = More Coins.

So simple, yet it makes so much sense.

If this one ever catches fire, watch out world.

I don't know much about economics, I'm more of a tech guy myself.. but I suspect because of the way clams were distributed the total clam distribution will trend with the total users. aka The more people that claim their Clams the more clams there will but the more demand there would be also which would possible lead to a constantly rare coin.

Should be very interesting to see this progress.

^^ We think all of those assumptions are reasonable.

We designed CLAMS with the idea that inflation cause by claiming CLAMS would correlate to and be counter-balanced with an increase in demand.

The idea was to create stability, instead of the extreme mining pump and dump inflation cycle.

You seem intelligent, and we are glad you agree

Trying to do the math on the Proof-Of-Chain distribution.

CLAMS has a total POSSIBLE distribution of 15 Million.

I think that is not taking everything into consideration, however.

Actual Total Distribution = Total Possible - Lost BTC/LTC/DOGE privateKeys - Destroyed BTC/LTC/DOGE privateKeys - Un-Redeemed BTC/LTC/DOGE privateKeys


The question is, what does that mean?

I would expect the total distribution of CLAMS to be EXREMELY LESS than 15 Million at any given time.  In order to get to the full 15 Million possible distribution it would have to be one of if not THE world's leading crypto-currency.

Mining inflation normally destroys coins.
For every coin created by mining, there must be an equal in-flow of dollars of demand.  If there isn't then the value of the coin drops.

With CLAMS, there is no mining and only 1% Proof-Of-Stake.
So each unit of demand should only be counter-acted by new users who redeem their CLAMS.  And, new users who redeem their CLAMS are in and of themselves a source of demand.

If you add to that equation the kHashier.com multi-pool, which has been stacking BTC while waiting for the markets to adopt and have a stable market for CLAMS.....

I still think those who dump their CLAMS immediately after redeeming, or those who don't keep an eye on this one will deeply regret it.
I don't see a single negative when the economics are considered.

Just my two-cents.

Have no fear, the OSX Client will be here very soon 

Interresting, but should wait for the MAC OSX client

Indeed   All BTC addresses with a balance received CLAMS

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---

I think that sounds pretty accurate phzi.  Those who use unique receive addresses, as recommended for basic privacy, are likely to get more CLAMS - unless they gather those outputs like you've mentioned, or send funds out, which gathers them in the background.

The good news is; the basic Client tends to attempt to make sends that are "small" and include less individual outputs. 
This is because the "larger" a transaction is the more it costs in transaction fees to send.

sound of penny dropping

Thanks.

Cheers,

Graham

Interesting.
I'd like to join in!
all the Btc address will receive coins?
I'll have a try!

Yes and no.  If they left coins in those addresses, and still had them when CLAM did their blockchain dumps, then yes.  I use a unique receiving address for everything, but then bundle the coins into other addresses on occasion, so in my case I don't have coins in all the receiving addresses, and wouldn't get CLAMs for those (but I would get 4clam for each "bundle" address that still has coins).